Project Controls PC 04 Rev 01

Which option best describes a contract.

• A written or spoken agreement.

• A written or spoken disagreement.

What is a procurement.

• A type of software

• An Industry Expert (SME)

• Shed roofing supplies for maintenance

• All options listed

Regarding Projects what is Source Selection Analysis?

• Output

• Input

• Tool & Technique

• None of the options listed

What should be discussed prior to obtaining a procurement?

• Buy or Rent

• Sink or Swim

• Create and Market

• The Change Process

What does this abbreviation translate to (OJEU)?

• October & January Estimating Units.

• Official Journal of the European Union.

• Official Journalist to the European Union.

• All options Listed.

Why does the official register of the European union (OREU) exist.

• It allows all Industry to view Tender requests over an agreed minimum cost to ensure fair and honest competition in the specific market place.

• It is a free trade organisation.

• It only applies to western Europe.

• None of the options listed.

Which of the below is a type of contract.

• Fixed Nail

• Cost plus deficit

• Cost plus Loss

• Fixed Price

Which options are types of contracts

• Fixed Price

• Cost plus fixed fee

• Cost plus incentive fee

• Time and Materials

• All options listed

Data Gathering is used to ensure all necessary information has been investigated, validated & Verified from the following sources - Market Research, Conferences, Expert Judgement.

• True

• False

Data Analysis allows an organisation to consider what?

• Make or Buy

• Create Waste

• Remove software security settings

• None of the listed options